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Succeed in the boardroom: Whistleblower Policies - What Boards NEED to know
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Date Friday, 29 July 2022
Time 29 Jul 12:00 - 29 Jul 13:30 AEST
Venue Zoom Virtual Online
Pricing Full Member
$ 155 Full Member
Premium Member
$ 155 Premium Member
Corporate Member
$ 155 Corporate Member
Champion
$ 245 Champion
Guests Not Allowed
Register by Friday, 29 July 2022

Whistleblower Policies - What Boards NEED to know.

ASIC will soon be conducting audits. ´╗┐Is your organisation compliant? 

 

Throughout 2022, the Australian corporate regulator (ASIC) is continuing its focus on organisational compliance with whistleblower laws. The new laws, introduced in late 2019 and contained in Part 9.4AAAof the Corporations Act 2001 (Cth), require all public companies, large proprietary companies and corporate trustees of registrable superannuation entities to have a comprehensive whistleblower policy in place. As many not-for-profits, sporting organisations and charities are also incorporated under the Corporations Act, the scope of these laws is broad.

The ultimate responsibility for overseeing an organisation’s whistleblower policies and programs rests with the board. In 2021, ASIC conducted an audit of over 100 companies’ policies, and found that most were not compliant with the new laws. It then wrote to all Australian CEOs reminding them of their obligations to identify and address potential misconduct within their organisations.

This year, ASIC is conducting another audit focusing on how companies are dealing with whistleblower disclosures, whether and how they are using any information disclosed to address issues within their organisations, and the level of board and executive oversight of their program.

To help board members understand their responsibilities under Australia’s whistleblowing laws, Women on Boards is running a special 90 minute session on 29 July 2022 with Dr Kath Hall. The session will cover:

  • What the law requires
  • Board member responsibility/liability
  • Examples of best practice whistleblowing policies and practice, and
  • Key tips for ensuring board monitoring and compliance.

Dr Kath Hall is an Honorary Associate Professor in Law at the Australian National University. Between 2016 - 2020, Kath was a lead researcher on Australia's largest research project on organizational responses to whistleblowing, and in 2017 she was part of the expert panel advising the International Standards Organisation on the introduction of global standard ISO 37002 Whistleblowing Management Systems. Kath also provided expert advice to the Federal Government on the new whistleblower laws introduced into the Corporations Act 2001 (Cth) in 2019.

Guest Presenter: Dr Kath Hall

Dr Kath Hall is an internationally recognised legal academic and writer. She has worked with and advised a number of leading international organisations including the United Nations Joint Inspection Unit, International Bar Association Anti-Corruption Committee, Safra Centre for Ethics Harvard University, Anti-Corruption Academy Vienna, and the International Standards Organisation (ISO).

Kath is also an award winning legal educator with significant experience teaching and mentoring law students. She was one of the first Australian academics to conduct empirical research on student wellbeing and was the Australian National University (ANU) College of Law's inaugural Director of Student Wellbeing. Kath is also the co-author of the Law Student Survival Guide (3rd ed) with Professor Claire Macken.

In 2020 Kath was appointed an Honorary Associate Professor at the ANU College of Law, and since that time she has continued to engage in academic research and writing. In 2021 Kath founded Law School Success to support law students around Australia in their studies and future careers.